Albemarle Corp.
Industry Group: Chemicals
Country/Region: United States of America
Identifier: NYS:ALB
Albemarle is one of the world's largest lithium producers. In the lithium industry, the majority of demand comes from batteries, where lithium is used as the energy storage material, particularly in electric vehicles. Albemarle is a fully integrated lithium producer. Its upstream resources include salt brine deposits in Chile and the US and two hard rock mines in Australia, both of which are joint ventures. The company operates lithium refining plants in Chile, the US, Australia, and China. Albemarle is a global leader in the production of bromine, used in flame retardants. It is also a major producer of oil refining catalysts.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Chemicals 45 out of 584
Universe
Global Universe 4461 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Chr. Hansen Holding A/S |
12.8
Low
|
3 out of 584 |
Akzo Nobel NV |
19.2
Low
|
32 out of 584 |
Albemarle Corp. |
20.1
Medium
|
45 out of 584 |
Covestro AG |
21.4
Medium
|
58 out of 584 |
Nitto Denko Corp. |
25.6
Medium
|
156 out of 584 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Albemarle Corp.'s Exposure is Medium
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Albemarle Corp.'s Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Albemarle Corp.
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Albemarle Corp.'s ESG Risk Rating in the last three years
Highest Controversy Level